Zacks Research Cuts Earnings Estimates for Grocery Outlet

Grocery Outlet Holding Corp. (NASDAQ:GO) – Investment analysts at Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for shares of Grocery Outlet in a note issued to investors on Tuesday, March 11th. Zacks Research analyst S. Singh now expects that the company will earn $0.03 per share for the quarter, down from their prior forecast of $0.09. The consensus estimate for Grocery Outlet’s current full-year earnings is $0.63 per share. Zacks Research also issued estimates for Grocery Outlet’s Q2 2025 earnings at $0.18 EPS, FY2025 earnings at $0.57 EPS, Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.13 EPS and FY2026 earnings at $0.63 EPS.

A number of other brokerages have also issued reports on GO. The Goldman Sachs Group decreased their price target on Grocery Outlet from $14.00 to $11.00 and set a “sell” rating for the company in a research note on Thursday, February 27th. Bank of America reduced their price objective on Grocery Outlet from $20.00 to $17.00 and set a “neutral” rating for the company in a research note on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft lowered Grocery Outlet from a “buy” rating to a “hold” rating and set a $12.00 price objective for the company. in a research note on Wednesday, February 26th. Wells Fargo & Company reduced their price objective on Grocery Outlet from $23.00 to $18.00 and set an “overweight” rating for the company in a research note on Wednesday, February 26th. Finally, Telsey Advisory Group reduced their price objective on Grocery Outlet from $18.00 to $16.00 and set a “market perform” rating for the company in a research note on Wednesday, February 26th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Grocery Outlet has a consensus rating of “Hold” and an average price target of $15.25.

Grocery Outlet Stock Performance

Shares of NASDAQ GO opened at $11.99 on Friday. The stock has a fifty day moving average price of $15.25 and a two-hundred day moving average price of $16.61. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.33 and a current ratio of 1.46. The firm has a market cap of $1.17 billion, a P/E ratio of 23.51, a PEG ratio of 9.08 and a beta of 0.36. Grocery Outlet has a 1 year low of $10.26 and a 1 year high of $29.13.

Insider Activity

In related news, EVP Steven K. Wilson sold 6,682 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $13.16, for a total transaction of $87,935.12. Following the completion of the sale, the executive vice president now directly owns 166,923 shares in the company, valued at approximately $2,196,706.68. This trade represents a 3.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Lindsay E. Gray sold 2,741 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $11.34, for a total value of $31,082.94. Following the sale, the senior vice president now owns 41,448 shares of the company’s stock, valued at approximately $470,020.32. This represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders acquired 200,000 shares of company stock worth $2,435,050 and sold 17,756 shares worth $216,892. Corporate insiders own 4.50% of the company’s stock.

Institutional Trading of Grocery Outlet

Hedge funds and other institutional investors have recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Grocery Outlet by 8.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 313,642 shares of the company’s stock valued at $4,896,000 after buying an additional 23,606 shares in the last quarter. Voloridge Investment Management LLC raised its holdings in Grocery Outlet by 28.8% during the fourth quarter. Voloridge Investment Management LLC now owns 1,239,352 shares of the company’s stock valued at $19,346,000 after buying an additional 277,489 shares in the last quarter. Twinbeech Capital LP bought a new position in Grocery Outlet during the fourth quarter valued at about $4,040,000. Two Sigma Advisers LP bought a new position in Grocery Outlet during the fourth quarter valued at about $1,033,000. Finally, Two Sigma Investments LP raised its holdings in Grocery Outlet by 188.3% during the fourth quarter. Two Sigma Investments LP now owns 396,445 shares of the company’s stock valued at $6,189,000 after buying an additional 258,913 shares in the last quarter. 99.87% of the stock is currently owned by hedge funds and other institutional investors.

About Grocery Outlet

Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products.